In the District Court of the United States, for the Eastern District of Pennsylvania, the United States of America, petitioner, vs. Motion Picture Patents Company, et al., defendants (1913)

Record Details:

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Minutes, General Film Co. 2G3 ness matters in which a Director or Directors of this Company might be directly or indirectly concerned, such Director or Directors be requested to leave the room during such discussion, and in such case if a quorum is broken, the meeting proceed in all cases as if a quorum were present. On motion duly seconded it was unanimously voted that the suggestion of the Chairman be adopted and that the same is hereby made a rule of procedure in all future meetings of the Board. The Treasurer presented a preliminary report as follows : Bank Statement, June 22d, 1910. EMPIRE TRUST COMPANY. Total deposits to date $37,475.16 Total withdrawals to date 30,529.02 Balance 946.14 FARMERS LOAN & TRUST COMPANY. Total deposits to date $5,000.00 Total withdrawals to date 2,650.00 Balance ~ 2,350.00 The Chairman read a report from Mr. George Kleine of Chicago, regarding the negotiations for the purchase of a licensed motion picture exchange operated by Calumet Film Exchange, Chicago, 111., and it was unanimously agreed that this matter should be left to the Executive Committee for further negotiation and final decision. The Chairman also read a report from Mr. Kleine regarding the negotiation for the purchase of the licensed motion picture exchanges at Portland, Oregon, and Seattle, Washington, operated by the Amalgamated Film Exchange, and on motion duly seconded it was unanimously voted that Mr. Kleine be instructed to close the negotiations on the basis outlined. The question of the deferred money payments to the Howard Moving Picture Company of Boston, on the purchase price for 11k1 motion picture exchange business of that